Sunoco Amends Credit Agreement for Parkland Acquisition

Sunoco ( (SUN) ) has provided an announcement.

On August 8, 2025, Sunoco LP amended its credit agreement to allow for up to $2 billion in cash to be reserved for the Parkland Acquisition, impacting the calculation of the Net Leverage Ratio for financial covenants. This strategic financial move is expected to enhance Sunoco’s operational flexibility and strengthen its market position, potentially benefiting stakeholders by supporting the company’s growth objectives.

The most recent analyst rating on (SUN) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.

Spark’s Take on SUN Stock

According to Spark, TipRanks’ AI Analyst, SUN is a Outperform.

Sunoco’s overall stock score is driven by its strong financial performance and attractive valuation. The positive earnings call and strategic corporate events further enhance its outlook. However, challenges in cash flow and regulatory approvals for acquisitions present risks that need monitoring.

To see Spark’s full report on SUN stock, click here.

More about Sunoco

Sunoco LP operates in the energy sector, primarily focusing on the distribution of motor fuels and the operation of convenience stores. The company is a significant player in the fuel distribution industry, catering to a wide range of customers across various markets.

Average Trading Volume: 372,569

Technical Sentiment Signal: Buy

Current Market Cap: $8.08B

Learn more about SUN stock on TipRanks’ Stock Analysis page.